Butte semi-weekly miner. [volume] (Butte, Mont.) 1886-1890, 1887-06-18

breach of contract. Two million dollars
damages is claimed. Rosenfield yesterday
began q suit for one million dollars against
wiltshire Eckart & Co. The complaints
assert they were sold out without author
ity and without giving them an opportu-
nifty to put up margins. They further
claim that the funds furnished the firm
we're not used according to instructions
and that If they had been so used the firm
need not have failed and the market would
not have been depressed. It is also claime1
that the defendants owe Kershaw q Co.
$3.50. 900, also that they are liable to re-
pay all the money advanced them as mar.
gins.
REPORTS AND COUNTER REPORTS.
CHICAGO. June 16.-[Noon bulletin].-
Belding & Co., who suspended yesterday
and then announced their solvency, have
again requested that their trades be closed
out. The official report OF the clearing
house was very late in coming in, but it is
said on the floor that everybody went
through all right, and members
are already beginning to gather in
wheat pit. July wheat advanced to 73k
atnoon. As soon as it became known that
nobody had failed to get through the clear
ing house, although nothing definite had
been heard from Kershaw yet, q feeling of
confidence became general and members at
once began trading moderately and prices
became frmer and a general advance in all
options occurred. July wheat, which had
fuctuated all the morning between Tx
and 70, advanced slightly, closing at 73h.
just at the close of the morning session
John j. Bryant & Co. announced that they
desired that all their trades be closed out.
This is heavy failure involving over one
hundred and fifty thousand dollars.
MORE SETTLED IN NEW YORK.
New YORK, June 16.-The feeling in the
wheat pit at the produce exchange is more
settled this morning, prices advanced at
the opening 1@1A cents on first sales.
Specializing is brisk and attended with
some excitement and is mainly confined to
July.
James Mccormick and Kenuett have pro-
cured attachments against the property of
tho two suspended Chicago grain firms in
this state. They claim in one suit the sum
Of $39, ,675 from Rosenfeld & Co. The other
suit is against Kershaw & Co., the amount
claimed being $26,268.
MINNEAPOLIS FAILURE.
MINNEAPOLIS, June 16.-Griffth, Mar
shall & Co., grain brokers, have suspended,
owing to the close of business relations
with the Kershaw firm OF Chicago.
A Roundabout Route.
SAN FRANCISCO, June 16.-George Cannon
was arrested yesterday by government de-
tectives having three hundred and eighty.
six boxes of smuggled opium in his trunks.
He says he followed the occupation OF
blacksmith at Omaha for many years. As
he was departing for the west. he says he
was informed he could make a large COM
mission by taking charge OF a quantity OF
opium which had just arrived in Minneap-
oils from Winnipeg. He embraced the op-
portunity and shortly after stepping off
the Oakland ferry boat ne was placed un-
der arrest. He denies all knowledge OF the
parties to whom the opium was to be de-
livered in this city. Cannon il supposed to
be connected with the Detroit opium ring,
for the members of which the officers have
been some time in pursuit. 1t is learned
that the seized opium was received at Vic
toria from China and taken thence over
the Canadian Pacific to Winnipeg. 1t
crossed the border from Manitoba and
made it's way to California by way OF Min.
neapolis and Omaha.